Morning Briefing: Discovery Silver Closes Porcupine Acquisition, Collective Drills More High-Grade at Apollo
Apr 16, 2025
Collective Mining reveals promising assay results from the Apollo system, while Orezone Gold reports impressive gold production figures for Q1. Rua Gold and West Point Gold also share new exploration findings. Discovery Silver has just finalized its acquisition of the Porcupine Operations, marking a significant expansion. Amidst rising gold and silver prices, the podcast provides insights into the thriving landscape of precious metals mining and the bold growth strategies of key players.
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insights INSIGHT
High-Grade Continuity at Apollo
Collective Mining's Apollo system drilling revealed continuous high-grade gold equivalent mineralization over significant intervals.
The subzone still has open extents, promising expansion in the ongoing large drill program.
insights INSIGHT
Orozone Expansion Boosts Production
Orozone Gold is expanding the Bombari operation with a Stage 1 hard rock expansion ahead of schedule and within budget.
This expansion will boost gold production by roughly 45% to an estimated 170,000 to 185,000 ounces in 2026.
insights INSIGHT
Rua Gold Explores Old Creek Depths
Rua Gold is testing extensions of ore shoots below and adjacent to the existing inferred resource at Old Creek.
Recent drilling returned varying grades, indicating potential for further resource expansion.
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Collective Mining announced assay results for three holes drilled into the Apollo system. Orezone Gold says Q1 gold production hit 28,688 oz and gold sales reached $82.5M for the quarter. Rua Gold and West Point Gold both published new exploration drill results. Discovery Silver has completed the acquisition of the Porcupine Operations near Timmins, Ontario from Newmont.
This episode of Mining Stock Daily is brought to you by...
Calibre Mining is a Canadian-listed, Americas focused, growing mid-tier gold producer with a strong pipeline of development and exploration opportunities across Newfoundland & Labrador in Canada, Nevada and Washington in the USA, and Nicaragua. With a strong balance sheet, a proven management team, strong operating cash flow, accretive development projects and district-scale exploration opportunities Calibre will unlock significant value.https://www.calibremining.com/
Integra is a growing precious metals producer in the Great Basin of the Western United States. Integra is focused on demonstrating profitability and operational excellence at its principal operating asset, the Florida Canyon Mine, located in Nevada. In addition, Integra is committed to advancing its flagship development-stage heap leach projects: the past producing DeLamar Project located in southwestern Idaho, and the Nevada North Project located in western Nevada. Learn more about the business and their high industry standards over at integraresources.com
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